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Energy Review

Octopus Energy · London · VAT included

Has Octopus Energy beaten the price cap?

Intelligent Octopus Flux has beaten the price cap in 24 of the last 24 complete months in London.

Each month is costed both ways on the same consumption, in the same region, on a direct debit basis, with standing charges included on both sides. A month counts only when we hold every day of it.

Electricity prices differ by distribution region, so this changes every figure below.

Your postcode is sent once to Octopus Energy’s public region lookup — the same one they bill from. We do not put it in the URL, analytics or database, and do not keep it.

Month by month against the cap

On the ordinary household, single-rate meter profile at 2,500 kWh a year, 2024-10-06 to 2026-11-05. “Under” means the tariff cost less than the cap that month; “partial” means we do not hold the whole month and it is not counted either way.

Intelligent Octopus Flux

Beat the cap in 24 of 24 complete months

Across those months it came to £89.87 less than the cap in total, on the same consumption.

Built for households with solar or other generation, home battery. Scored here on the same ordinary consumption shape as every other tariff, which is not the one it is priced for.

  • Oct 24partial
  • Nov 24under
  • Dec 24under
  • Jan 25under
  • Feb 25under
  • Mar 25under
  • Apr 25under
  • May 25under
  • Jun 25under
  • Jul 25under
  • Aug 25under
  • Sept 25under
  • Oct 25under
  • Nov 25under
  • Dec 25under
  • Jan 26under
  • Feb 26under
  • Mar 26under
  • Apr 26under
  • May 26under
  • Jun 26under
  • Jul 26under
  • Aug 26under
  • Sept 26under
  • Oct 26under
  • Nov 26partial
Flexible Octopus

Beat the cap in 24 of 24 complete months

Across those months it came to £11.29 less than the cap in total, on the same consumption.

  • Oct 24partial
  • Nov 24under
  • Dec 24under
  • Jan 25under
  • Feb 25under
  • Mar 25under
  • Apr 25under
  • May 25under
  • Jun 25under
  • Jul 25under
  • Aug 25under
  • Sept 25under
  • Oct 25under
  • Nov 25under
  • Dec 25under
  • Jan 26under
  • Feb 26under
  • Mar 26under
  • Apr 26under
  • May 26under
  • Jun 26under
  • Jul 26under
  • Aug 26under
  • Sept 26under
  • Oct 26under
  • Nov 26partial
Agile Octopus

Beat the cap in 20 of 24 complete months

Across those months it came to £237.14 less than the cap in total, on the same consumption.

Built for households with home battery. Scored here on the same ordinary consumption shape as every other tariff, which is not the one it is priced for.

  • Oct 24partial
  • Nov 24under
  • Dec 24under
  • Jan 25over
  • Feb 25under
  • Mar 25under
  • Apr 25under
  • May 25under
  • Jun 25under
  • Jul 25under
  • Aug 25under
  • Sept 25under
  • Oct 25under
  • Nov 25under
  • Dec 25under
  • Jan 26under
  • Feb 26under
  • Mar 26under
  • Apr 26under
  • May 26under
  • Jun 26under
  • Jul 26under
  • Aug 26over
  • Sept 26over
  • Oct 26over
  • Nov 26partial
Snug Octopus

Beat the cap in 17 of 23 complete months

Across those months it came to £21.44 less than the cap in total, on the same consumption.

Built for households with compatible storage heaters. Scored here on the same ordinary consumption shape as every other tariff, which is not the one it is priced for.

  • Nov 24partial
  • Dec 24under
  • Jan 25under
  • Feb 25under
  • Mar 25under
  • Apr 25under
  • May 25under
  • Jun 25under
  • Jul 25over
  • Aug 25over
  • Sept 25over
  • Oct 25over
  • Nov 25over
  • Dec 25over
  • Jan 26under
  • Feb 26under
  • Mar 26under
  • Apr 26under
  • May 26under
  • Jun 26under
  • Jul 26under
  • Aug 26under
  • Sept 26under
  • Oct 26under
  • Nov 26partial
Octopus Tracker

Beat the cap in 4 of 7 complete months

Across those months it came to £7.22 less than the cap in total, on the same consumption.

  • Mar 26partial
  • Apr 26under
  • May 26under
  • Jun 26under
  • Jul 26under
  • Aug 26over
  • Sept 26over
  • Oct 26over
  • Nov 26partial
Octopus Flux

Beat the cap in 2 of 24 complete months

Across those months it came to £64.79 more than the cap in total, on the same consumption.

Built for households with solar or other generation, home battery. Scored here on the same ordinary consumption shape as every other tariff, which is not the one it is priced for.

  • Oct 24partial
  • Nov 24over
  • Dec 24over
  • Jan 25over
  • Feb 25over
  • Mar 25over
  • Apr 25over
  • May 25over
  • Jun 25over
  • Jul 25over
  • Aug 25over
  • Sept 25over
  • Oct 25over
  • Nov 25over
  • Dec 25over
  • Jan 26over
  • Feb 26over
  • Mar 26over
  • Apr 26over
  • May 26over
  • Jun 26over
  • Jul 26over
  • Aug 26over
  • Sept 26under
  • Oct 26under
  • Nov 26partial

How a month is decided

The tariff’s real half-hourly prices are weighted by when the ordinary household, single-rate meter profile uses electricity, then costed at 2,500 kWh a year with its standing charge added. The cap is costed identically, using Ofgem’s published unit rate and standing charge for the same region and quarter.

One consumption figure is used across the whole series on purpose. Ofgem’s own benchmark consumption changed twice in this window, and following it would show jumps that were never price movements.

A month where we hold fewer than every day, or where no cap covers the whole month, is shown but not counted. “We cannot say” and “it did not beat the cap” are different answers and the table keeps them apart.

The profile is an assumption about when electricity is used, not a measurement of your home. If you have your own half-hourly data the smart-meter replay costs your actual readings instead.

Rob Gibbs

Written by

Rob Gibbs

Hi, I'm Rob, and I run Energy-Review.co.uk. I initially started this project in 2018 when I was looking to switch energy suppliers and found there wasn't a website that provided simple, data-backed reviews on all the suppliers available. Since then, I have spent a lot of time (too much, some may say!) looking at all publicly available data about each supplier and writing reviews using this information. These reviews are updated as regularly as possible, and any data is backed up by a source where necessary. I have also started writing guides on various energy-related topics, which hopefully you will find useful. If you find any issues, please use our contact form to let us know.